5 mutual funds had over Rs 10,000 crore cash in their portfolio in July

Mutual funds increased their overall cash allocation by Rs 2,884 crore in July to Rs 2.06 lakh crore, after cutting exposure for two straight months. Cash holdings rose to 5.20% of total AUM in July from 5.08% in June, with total equity AUM at Rs 39.80 lakh crore. Here is a detailed breakup (Source: ACE MF) Cash kitty